| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $11M | $17M | 30.9% | -12.7% |
| Op. Income | $7M | $5M | $11M | 63.2% | -34.2% |
| Gross Margin | 57.1% | 49.2% | 73.7% | 7.9pp | -16.5pp |
| Net Margin | 50.5% | 40.5% | 65.9% | 10.0pp | -15.4pp |
| EPS (Diluted) | $0.19 | $0.12 | $0.29 | 58.3% | -34.5% |
| Free Cash Flow | -$25M | -$60M | -$25M | 58.0% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $966.1K |
| SG&A Expenses | $966.1K |
| Other Expenses | $0 |
| Operating Expenses | $966.1K |
| Cost & Expenses | $7M |
| OPERATING INCOME | $7M |
| Interest Income | $22M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $966.1K |
| SG&A Expenses | $966.1K |
| Other Expenses | $0 |
| Operating Expenses | $966.1K |
| Cost & Expenses | $7M |
| OPERATING INCOME | $7M |
| Interest Income | $22M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $71M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $261M |
| TOTAL CURRENT LIABILITIES | $290M |
| Long-Term Debt | $360M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $360M |
| TOTAL LIABILITIES | $649M |
| Common Stock | $38.8K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $503M |
| Minority Interest | $0 |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $360M |
| Net Debt | $296M |
